7885 Gulf Boulevard, 1-12, Navarre, FL 32566 (MLS# 947273)

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7885 Gulf Boulevard, 1-12, Navarre, FL 32566

$2,450,000

Property Type: Residential Bedrooms: 18 Baths: 18 Square Footage: 7,380 Status: Active

Current Price: $2,450,000 List Date: 4/14/2024 Last Modified: 4/29/2024

Description

MULTI-FAMILY LOT OPPORTUNITY WITH 90 FT GULF OF MEXICO FRONTAGE! A rare visionary investor's opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 90ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyer's expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.

More Information MLS# 947273

Status Change Info

Status: Active

Contract Info

List Date: 2024-04-13 Current Price: $2,450,000 List Price: $2,450,000 List Price/SqFt: 331.98 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 11 - Navarre/Gulf Breeze Street #: 7885 Street Name: Gulf Street Suffix: Boulevard Unit #: 1-12 State: FL Zip Code: 32566 County: Santa Rosa Sub Area: 1101 - Navarre Beach Project Name/Subdivision: SANDOLLAR CONDO (TERMINATED) Parcel ID: 28-2S-26-9280-00000-0000 Elementary School: Holley-Navarre Middle School: Holley-Navarre High School: Navarre Legal Description: SANDOLLAR CONDOMINIUM (TERMINATED)

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 7380 SqFt Source: Condo Docs Bedrooms: 18 Full Baths: 18 Total Bathrooms: 18 Stories In Unit: 3 # of Units in Bldg: 12 Stories in Building: 3 Unit Floors Above Ground: 3 Year Built: 1985 Immediate Occupancy: No Garage: No Carport: No Pool: No Pool Type: None

Listing Info, Tax & Legal

Homestead: No Assessment Fees: No Is Subject Leased: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: MULTI-FAMILY LOT OPPORTUNITY WITH 90 FT GULF OF MEXICO FRONTAGE! A rare visionary investor's opportunity that offers versatility like no other. THE VALUE IN THIS PROPERTY IS IN THE LAND. This parcel can accommodate a maximum of 12 condos or 4 Townhomes or 2 Homes or just 1 home helming the 90ft Gulf frontage. The property currently has a 12-unit condo complex damaged from Hurricane Sally. Buyer would have to tear down building at buyer's expense as salvaging the building would be a cost-prohibitive endeavor. Reach out for more details regarding already completed due diligence efforts in the form of an engineering report, asbestos report, and recent survey.

Office/Member Info

Single Agent Comp: 2 Single Agent Comp Type: % Trans Broker Comp: 2 Trans Broker Comp Type: % Non-Rep Comp Type: %

Property Features

Sale Type: Assignment Construction Status: Construction Complete Waterfront: Gulf; Gulf/Pass; Shore - Beach; Shore - Natural Waterview: Gulf; Gulf/Pass Project Facilities: Beach; Elevators; Leasehold; Waterfront Construction/Siding: Foundation On Piling Exterior: Needs Work Interior: Needs Work Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: See Remarks Bedroom: First Rooms: Bedroom

Room Information

Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0 Bedroom Level: First Dimensions: 0 x 0 Length: 0.00 Width: 0.00 Dimensions: 0 x 0

Listing Office: Berkshire Hathaway HomeServices

Last Updated: April - 29 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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